projected earnings for 2012-2013, page-41

Don't laugh to hard, Buc.

And because I'm a gentleman too.

http://www.spe.org/spe-site/spe/spe/industry/reserves/Petroleum_Resources_Management_System_2007.pdf



Thought I was pretty clear about de-risking.

http://oilshalegas.com/bakkenshale.html


And how a O&G company talks about risked and unrisked locations - the objective being to de-risk your acreage, creating "risked locations"

http://www.bexp3d.com/IR_pres.pdf



Specifically to SSN then,

explain how, from page 6 of SSN Dec preso that SSN can be simultaneously drilling the first well in 16,577 net acres but have 50 net unrisked drilling locations which you are suggesting "been developed by drilling and production and thus have a very reasonable certainty of being produced"


DYOR